No estimates for the data
- Prior month 61.9
- Lowest level since May 2016
- The adjusted index came in at 56.5 versus 61.3 previous
- employment index fell to 51.6 from 59.6
- inventory index fell to 51.8 from 53
- supplier index fell to 47.5 from 45.3
- prices index fell to 68.8 from 71.5
There was a time when this report was a market mover but those days are gone, with the Markit PMI taking the lead now. Even with the sharp tumble, the USDCAD moved from 1.2867 to a high of 1,.28799. The price is currently at 1.2872, up 5 pips from the pre-release level.
